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Chtiria&n X2CXXXXX January £0, 1956« To - The Secretary of the Treasury From - Chairaan Eccles In talking to Walter Bucklin relative to m&mb&TB of tiie Federal Reserve Board, the Matter of Under Secretary caiae up, and I asked him if he luid anyone in raind rima he could suggest and also highly recommend. He Bald he had no one in mind at the time, but that he would ^ive the u&tter 8 Q M very Berious thought and vould call as back In • day or two. The result of hifl converBation Is covered in the a'btachod itniii i Mr. Sedgviok is not oeekin^ the position. Be if very iatlafactorily and profitably employed i,nd vould only coae if invited to do so and could be of service. He is financially independent and, therefore, could afford, to eoae« I have a very hlgjb regard for Mr, Buckiin and the utaoet confidence in him and his loyalty to the Administration. He m g g M & B that he would be very glad to bring Mr. Gedg?;ick to Vaahington if that were desirable to raeet with you or anyone elte whoia you inay «ish« It is my judgment that this recoaneixi tion is well worth looking into • At t a aliment. Suggested for Under Secretary: Robert Miuturn iiedgwick, of Boston;ftgtj085 Democrat. Graduate of Groton School, 1917j H&rvurd College, 1921 j Harvard School of Bu6in*0«| 19£59 with distinction, Taught at Groton for two years. Credit Dapartaent of the !te.tional Sh&waut Bank two years• Past eight years with vScutter, Stevens and Clark, the leading investment counsel in lev England, which, 1 imderstandj handles about one hundred and fifty millions of investment funds for clients. Highly recommended by Walter Buckiin, President of the National Shamut Bank* Mr. Buckiin is & Democrat, liberal, loyal to Roosevelt and Administration. Hie bank If the only important competitor of the First National group,
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